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WP-04/23: Spain intra-industry trade in Latin America a bilateral analysis 2011-2021

Fabio Moscoso, José E. Castellanos, Nancy Gordillo y Tomás Mancha

ABSTRACT

The analysis and impact of international trade have been taking on great importance as a factor of macroeconomic prosperity; in the same way, the pattern of trade impacts the competitiveness of the country’s industries. In this sense, the simultaneous exports and imports of the same sector that determine intra-industrial trade impact on the sectoral competitiveness trough the generation of international trade of industries and products belonging to the same statistical category; then not based on the comparative advantages of international trade; but on the competitive advantages derived from the differentiation of products and added value.  Under this focus, the study of intra-industry trade between Spain and Latin America during the period 2011-2021 is the basic objective of this working paper.

Keywords: Competitiveness, Exports, Free Trade, International Trade, Import, Intra-Industry Trade, Trade Balance